Comments by "boz" (@BOZ_11) on "Peter Schiff" channel.

Jeremy He keeps going on about fucking gold backing. He. does. not. get. it.
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100% agree. The stand your ground rule apparently doesn't count if you're black and unarmed
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Listening to Schiff talk about Bitcoin is like listening to my dad talk about Second Life. "I don't know how you can have money that has no value". He doesn't get that money does not need a precious metal backing it, and it's BEST that money is not intrinsically valuable beyond its use as MONEY. Its not supposed to be a commodity.
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***** well said h0
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Taxing an individual over 50% is unethical, but: "The study showed about 28 percent of large foreign corporations, those with more than $250 million in assets, doing business in the United States paid no federal income taxes in 2005 despite $372 billion in gross receipts" - Government Accountability Office. The perception that big business doesn't pay taxes is not merely perceived but real. Close those loopholes, spend on infrastructure (and the internet)
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@sillynanny44 every single concept u touch upon in your comment is a caricature
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Being a coder evidently does NOT make a political scientist
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@whateverujoke soros is shrewd. gold is massively undervalued since inflation hasn't really kicked in yet after the fed's 9 trillion dollar lending spree, and the quantitative easing plan on top of that. also, there is at least 50 gold certificates per item of gold since few ppl take physical delivery. that means there is 50 times more certificates than actual gold inventory. the gold price is artificially low atm for the aforementioned reasons. it is not a bubble. buy gold
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@deathrowjoeblog None of the "wars" u mention were remotely affective. Irwin Schiff went to prison because even though there is no law that says u have to pay income tax (you volunteer when u sign an income tax return) he went to prison for not paying it.
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Big corporations lobby their way to having the government bow to their wishes. In fact the biggest single donation to the Obama campaign came from Goldman Sachs. Schiff successfully deflects attention away from the bankers (the puppet master) and towards the government (the puppet).
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addressing the idiotic haters is fine, but spending more time on them, than dispensing valuable insight has to be a waste
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@satarnag overpricing is fraud when u have a universal commodity price, such that gold has
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Mr. Schiff the deficit is illegitimate. The debt is money owed to bond holders (most of it held by the fed) who inflate the currency. If the govt issued it's own fiat currency, then there would be no debt at all, just inflation. There'd be no deficit. Why don't you complain about fiat currency issued as debt?
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Schiff, GE paid nothing in taxes. That is a problem and it isn't isolated to GE. There is also a very real need for sensible regulation, ignoring for a moment your compliance costs, which I do believe, when you say they are inhibiting for little to no reason.
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@whateverujoke should've detected the sarcasm in your first comment :P
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They can print gold certificates though. There are 10 times more gold certificates than there is gold inventory. It's fractional reserve gold. They get away with it because very few purchasers take physical delivery of their gold. Buyers are none the wiser.
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@Panpiper you'd be paying the interest and suffering from inflation. double dip. they both rob you of purchasing power; they don't cancel each other out
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@crimmstar seconded. schiff should only respond to rational/cogent argument, rather than these teenagers who are still learning but are over-assertive and subsequently act like pests. these people don't need knowledge for they obviously don't know what to do with it. they need character, so ignore them
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Why would you even take this up Peter? The bankers have stolen 12 trillion dollars from the tax payer (including 1 trillion to foreign banks) and you talk about why white brokers have better pay than black brokers? This is really the biggest issue you have to talk about? You make a living via arbitrage, provide no societal benefit beyond simple currency accumulation and you spend your time race baiting.
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Can u believe this guy was CEO of Sun and DOES NOT understand net neutrality? Jesus. To believe that manufacturing is the great emancipator when we're already drowning in the inbuilt obsolescence of a consumerist consumption fest. How about LESS junk piling up on land fills?
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@satarnag "The fact that a universal commodity price exists, further proves that there is no deception of value" you advocate price deception, and your argumentation is just as (dis)honest. people aren't aware of the market price on any given day; u know this since u acknowledged it when u say consumers should research. u imply that it's ok to dupe people and that they deserve to be for not shopping around. do unto others as u would have done unto yourself. i'm not even religious
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@sebholding exactly. if you've no need for additional currency, you don't borrow AT INTEREST so it can just sit there; you'd have LESS DEBT in the first place if you didn't borrow. makes no sense what he's saying
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